Global Warming?
Out of context: Reply #185
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Obama "green" plan would destroy 900,000 net jobs
http://www.ibdeditorials.com/IBD…Claims that such "investments" will create five million jobs are false. It's likely more jobs will be killed than created due to higher costs and increased inefficiency of the U.S. economy. A recent report from the Center for Data Analysis at the Heritage Foundation found that limiting CO2 emissions under recent proposed legislation would destroy 900,000 net jobs.
Spending money on projects where costs exceed benefits simply to "create jobs" is a bad idea. Taking capital from productive uses and redeploying it to politically popular but nonproductive uses lowers productivity by paying those with "green jobs" more than their output is worth. It's not welfare, it's "greenfare."
- 900,000!********
- Stop watching Fox News!********
- bull.akrokdesign
- Heritage Foundation. 'nuf said.TheBlueOne
- 900,000!